AFP, Tokyo : Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged.The core Consumer Price Index (CPI) data, which excludes volatile fresh food prices, followed a reading of 2.7 percent in July and was in line with market expectations.Later Friday the BoJ was forecast to leave its benchmark interest rate unchanged, with all 53 economists polled by Bloomberg News...
Business Report : Walton Digi-Tech Industries Limited’s mobile division has launched a new model smartphone under the ‘NEX G’ series....
AFP, Hong Kong : Asian markets built Friday on the latest global rally after a jumbo US interest rate cut...
Business Report : Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has recently signed an agreement with Neofarmers Ltd. at the bank’s corporate office. Under the agreement, Prime Bank Customers will get exciting offers on purchasing products from Neofarmers.Md Nazeem A. Choudhury, deputy managing director of Prime Bank PLC, and Tamzid Siddiq Spondon, managing director of Neofarmers Ltd, took part in signing ceremony on behalf of their respective organizations.Hossain Mohammad Zakaria, head of customer...
Business Report : Bangladesh has set an ambitious export target of USD 50 billion for goods in the fiscal year 2024-25, representing a 12.4% growth compared to the previous year. Additionally, the target for the service sector has been set at USD 7.5 billion, with a growth goal of 13.6%. These targets were determined during a board meeting held recently chaired by the Advisor on Finance and Commerce, and based on the export earnings and trends of the fiscal year...
BSS, Rajshahi : Rajshahi Krishi Unnayan Bank (RAKUB) has been boosting the agro-based economy through financial investment in the country’s...
AFP, Hong Kong : The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal. The commodity jumped to as much as $2,609.74 per ounce, two days after the Federal Reserve slashed borrowing costs for the first time since the start of the pandemic and indicated that more cuts were likely....
Business Report : A special meeting was held between the newly constituted Board of Directors of IFIC Bank and the bank’s Senior Management Team. This meeting occurred recently at the bank’s head office in the capital. Chairman of the bank Md. Mehmood Husain presides over the meeting while board member Md. Ebtadul Islam, Sajjad Zohir, and Kazi Md attended the meeting. The meeting also included Managing Director Syed Mansur Mustafa, Deputy Managing Directors, and other members of IFIC Bank’s Senior...
Business Report : Rafiquzzaman Bhuiyan, a dynamic corporate leader is the Chief Executive Officer at Fu-Wang Ceramic Industry. He is...